$2,388,000
PENDING

Estimated payment $13,249/month

Total Views 1,162
1 Bed
1.5 Baths
11,440 Sq Ft
$209 Price per Sq Ft

About This Home

Well-maintained 16-unit property with a solid unit mix of 8 one-bedroom units and 8 three-bedroom units. Built in 1986, with select units remodeled in 2025. Located on a quiet, primarily residential block. The property features open garage parking, on-site laundry for added income, and is walking distance to shopping and schools. Two units are currently vacant due to remodel, giving a new owner immediate rent-up upside. A clean, turnkey investment with reliable income and built-in value-add potential.
PROPERTY HIGHLIGHTS Immediate value-add upside through interior rent growth as remaining units are brought to market standard Strong in-place fundamentals with the ability to push NOI without major capital projects Desirable residential setting that supports reliable income tenancy and reduced turnover Larger unit mix positions the asset above typical

Listing Agent

Beau Miracle

Miracle Realty License #01896847 Listed on: 01/09/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Parking

  • Carport

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 11,440 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1.5 Bathrooms

Additional Features

  • Accessible Bathroom Fixtures
  • 0.55 Acre Lot
  • Central Air

Community Details

  • 16 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 208.74
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: UnderContract
  • Year Built: 1986

Interior Features

  • Accessibility Features: Bathroom Fixtures
  • Fireplace: None
  • Bathrooms: 1.50
  • Bedrooms: 1
  • Square Footage: 11440.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, One Space per Unit

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.5500
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 23958.00
  • Price Per Acre: 4341818.18

Building Info

  • Year Built: 1986

Rental Info

  • TenantPays: Electricity, Water, Cable TV

Multi Family

  • IncomeIncludes: Unit Rent, Laundry, Lease
  • Total Units: 16

MLS Schools

  • School District 2: Madera Unified

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,172 $876,737 $139,267 $737,470
2023 $10,172 $842,713 $133,860 $708,853
2022 $9,505 $825,700 $131,236 $694,464
2021 $9,321 $809,511 $128,663 $680,848
2020 $9,492 $801,211 $127,344 $673,867
2019 $9,422 $785,502 $124,848 $660,654
2018 $8,689 $770,100 $122,400 $647,700
2017 $8,587 $755,000 $120,000 $635,000
2016 $11,850 $1,050,000 $150,000 $900,000
2015 $10,223 $900,000 $100,000 $800,000
2014 $9,738 $900,000 $100,000 $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2026 01/29/26 Pending -- -- --
01/09/2026 01/09/26 For Sale $2,388,000 -- $209 / Sq Ft
Source: Fresno MLS

Source: Fresno MLS

MLS Number: 641990

Fresno MLS
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